Sentences with phrase «providing senior secured loans»
Gemino Healthcare Finance, a specialty finance company and portfolio company of Solar Senior Capital Ltd. that is focused on providing senior secured loans to healthcare service providers, recently funded a $ 6 million senior secured credit facility on behalf of an affiliate of New England senior living operator, Wingate Healthcare.
https://seniorcare.levinassociates.com/ Not exact matches
The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.
According to the company, GemCap is an equity investor in low - and middlemarket sized companies, but it also provides asset - based loans — ranging from $ 1 million to $ 10 million — as a senior - secured lender.
The TIFIA loan is secured by a lien on project revenues subordinate to the lien securing the bank loans, and is senior to the equity provided by investors.
On August 8, 2012, Blue Buffalo Company, Ltd., our wholly - owned indirect subsidiary, entered into a senior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facsenior secured credit agreement, or credit agreement, with Citibank, N.A. as the administrative agent, swingline lender and issuing bank, Citigroup Global Markets Inc. and Morgan Stanley Senior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facSenior Funding, Inc. as joint lead arrangers and joint bookrunners, Morgan Stanley Senior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facSenior Funding, Inc. as syndication agent, and the lenders from time to time party thereto, which provided us with our term loan facilities and our revolving credit facility.
The credit agreement was amended on December 6, 2012, February 15, 2013 and December 9, 2013 to, among other things, provide additional term loan borrowings, allow for distribution of dividends of $ 50.0 million and to re-price our senior secured credit facilities.
Davis Polk advised the joint lead arrangers, joint bookrunners and the joint co-managers with respect to a $ 2.925 billion senior secured first - lien term loan facility provided to Avaya Inc. and a $ 300 million secured asset - based facility provided to Avaya and certain of its foreign subsidiaries in connection with its emergence from Chapter 11 bankruptcy.
Davis Polk advised the administrative agent, and the joint lead arrangers in connection with senior secured credit facilities provided to Black Knight InfoServ, LLC, consisting of a $ 1.25 billion term loan A facility and a $ 750 million revolving credit facility.
Davis Polk advised the joint lead arrangers and joint bookrunners and the administrative agent in connection with a $ 400 million senior secured term loan and a $ 350 million senior secured revolving credit facility provided to Nu Skin Enterprises, Inc..
In one of the largest mortgages secured by seniors housing properties ever provided by Fannie Mae, Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early seniors housing properties ever provided by Fannie Mae, Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early Seniors Housing Properties Trust (NYSE: SNH) closed on a $ 512.9 million loan in early August.
LOS ANGELES — Karlin Real Estate Lending has provided Pontus Capital LLC with a $ 7.2 million senior secured loan to fund the acquisition of a four - property, triple net leased medical office portfolio in Louisiana from a private mental health operator.
The HECM reverse mortgage loan was introduced over 30 years ago to provide seniors with a secure financial tool for retirement.
«Through the pre-construction sale mechanism, condo hotels provide developers with a vehicle to secure a significant amount of senior debt financing,» says Robert Kaplan, managing director of Holliday Fenoglio Fowler's Miami office, which arranged the loan.